Deactivation kinetics and coke removal kinetics were derived from experimental studies on the disproportionation of ethylbenzene with a protonated Y-faujasite (Z-14) in a loop reactor under supercritical conditions. Derivation of the steady stare kinetics of ethylbenzene disproportionation permitted determination of the catalyst activity. At small educt mole fractions of ethylbenzene, owing to the modest removal of coke the deactivation kinetics can be described by a power relationship. The rate of coke removal can be correlated with the activity and the deactivation rate of the catalyst.